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Feb 18, 2013
02/13
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and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and parcel of all of that was doubts about the future of chinese growth. but if the chinese economy is growing 7.5% or 8%, that's still very strong growth. it's good news not just for australia, not just for the region, but for the global economy. the chinese economy is something like 40% larger than it was at the end of the 2007 when it was growing at 10. so with an economy growing at 8 or just below 8, it's still making a significant contribution to global growth. >> have we got a better balance now in terms of austerity versus growth in terms of a coordinated g-20 agenda? >> look, i was pleased to hear the discussion about the econom
and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and parcel of all of that was...
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Feb 18, 2013
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they are also watching for signs of pickup in the japanese economy. nhk world, singapore. >>> australia is a nation of immigrants and active in helping refugees. the nation received more than 10,000 people in need of humanitarian assistance every year over the past decade. but the increasing financial burden push the its prime minister to review the generous policy. the move has met with criticism as well as support. it's likely to become a focal point in the upcoming september election to choose federal lawmakers. we have the story from sidney. >> reporter: this refugee from afghanistan, the 19-year-old came to australia by boat in may of 2010 after the taliban killed his brother and sister. the four month journey took him through malaysia and indonesia. then for final week he was packed on to a small vessel with 30 people. he lost 10 kilograms by he arrived at a remote australian island. he took the risk because he saw australia as his only chance for survival. he worked hard to graduate from high school. he hopes to go to university to study law. h
they are also watching for signs of pickup in the japanese economy. nhk world, singapore. >>> australia is a nation of immigrants and active in helping refugees. the nation received more than 10,000 people in need of humanitarian assistance every year over the past decade. but the increasing financial burden push the its prime minister to review the generous policy. the move has met with criticism as well as support. it's likely to become a focal point in the upcoming september...
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Feb 19, 2013
02/13
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office max and office depot have been hit hard by the economy, as well as rivals staples and costco. >>> burger king sure isn't loving this. its twitter account was hacked yesterday. for a while, the name and logo were changed to mcdonald's. and the message was sent, saying that burger king had been sold because its signature burger, the whopper, of course, had flopped. when the account was restored, burger king tweeted that it had been, quote, an interesting day. to say the least. >>> and call this a kevin bacon effect applied to the internet. while there's 14 billion web pages, they're apparently all connected. a hungaryian physicists says that one website is separated by any other by 19 clicks or less. while some have links, stories act as hubs. >> very interesting. think the worldwide web would be a smaller world than that. 19, huh? >> it is a small world, after all. >> you didn't get points for that. >> serious news we're doing. >>> next on this tuesday morning, more serious news. alec baldwin's newest problem with the ever-present paparazzi. >>> alarming, new details about the
office max and office depot have been hit hard by the economy, as well as rivals staples and costco. >>> burger king sure isn't loving this. its twitter account was hacked yesterday. for a while, the name and logo were changed to mcdonald's. and the message was sent, saying that burger king had been sold because its signature burger, the whopper, of course, had flopped. when the account was restored, burger king tweeted that it had been, quote, an interesting day. to say the least....
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Feb 19, 2013
02/13
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economy. but this he know it's billions. we've seen estimates from a few billion to as much as $100 billion a year of lost american business because of chinese hacking. and critics of chinese hack ig say what china lacks in innovation it makes up in the intellectual property theft. the cyber security firm mandian says the sure scale and duration of the sustained attacks against a wide set of industries from a singularly identified group in china leaves little doubt about the organization behind the group. they hit 141 organizations in 20 different industries. mandiant says the attacks targeted organizations in the u.s. the chinese defense ministry says the military has never supported any hacker activities but outgoing defense secretary lee on panetta voiced concern that a cyber attack could be crippling. wall street, the financial system, our ability to process credit cards. and earlier this month the president signed an executive order addressing the most basic cyber security needs mentioning this in his states of the unio
economy. but this he know it's billions. we've seen estimates from a few billion to as much as $100 billion a year of lost american business because of chinese hacking. and critics of chinese hack ig say what china lacks in innovation it makes up in the intellectual property theft. the cyber security firm mandian says the sure scale and duration of the sustained attacks against a wide set of industries from a singularly identified group in china leaves little doubt about the organization behind...
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Feb 19, 2013
02/13
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they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it a good time for us to be cutting back then on our military spending to try and fight off things like this? >> well, no. it's not. and it's another reason why it would be best if all parties, all political parties and all political figures were in town actually gotting the job of putting this economy back together done. i mean, glad everyone is taking breaks and on vacation, but i mean, we got a real problem on our hands. we have several crises about to hit this country all at one time. we have things like the tuition debt bomb with all these kids with student l
they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it...
WHUT (Howard University Television)
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Feb 19, 2013
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italy has the third largest economy in the eurozone. what happens here matters inside and outside the country. >> testing the mood and temperature on the tuscan coast. you may have noticed that the universe is moving faster than expected and scientists are struggling to explain why the galaxies are rotating at these speeds and planets are flying apart more quickly than they should. a team from america is going to use the hubble has -- hubble telescope to investigate what is called dark energy. our science correspondent explains. >> the world around us is made of atoms. they link up to form the buildings that we see, the water that flows, and all life on the planet. scientists have discovered something else out there that makes up most of the universe, a force that was present at the beginning of time. the current theory of physics suggests that the expansion of the universe slow down after the big bang and would then contract. instead with seems to be happening is that galaxies seem to be flying apart faster than ever before. scientists
italy has the third largest economy in the eurozone. what happens here matters inside and outside the country. >> testing the mood and temperature on the tuscan coast. you may have noticed that the universe is moving faster than expected and scientists are struggling to explain why the galaxies are rotating at these speeds and planets are flying apart more quickly than they should. a team from america is going to use the hubble has -- hubble telescope to investigate what is called dark...
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Feb 19, 2013
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economy. in short, u.s. investigators are accused china of economic espionage, of stealing research and design. this allows them to compete without stealing billions on innovation and product development. if this is true, americans should care because it's costing them countless jobs. they are calling this the biggest transfer of wealth in history. >> we saw one of a cyber pearl harbor. and the white house is preparing to take action. >> reporter: this week, they are announcing plans to help private companies in identifying and mitigating such attacks, george. >>> we're going to go to the white house, where president obama will appear later this morning, to warn against the next budget crisis that's coming fast. automatic spending cuts to hit every government program in just ten days. abc's jon karl has more on what we expect to hear from the president. good morning, jon. he's going to ratchet up the pressure on congress. >> reporter: he sure is. he's trying to shame congress to do something to replace the c
economy. in short, u.s. investigators are accused china of economic espionage, of stealing research and design. this allows them to compete without stealing billions on innovation and product development. if this is true, americans should care because it's costing them countless jobs. they are calling this the biggest transfer of wealth in history. >> we saw one of a cyber pearl harbor. and the white house is preparing to take action. >> reporter: this week, they are announcing...
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Feb 19, 2013
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. >> fuel economy is rising, people are reacting. things are moving in the right direction on that front. >> the number of people who own a chevy volt small but growing. >> we're growing and we've mandated big improvements in fuel economy so people might over time be saving money even if gas prices go up because they're using less per gallon. >> let's talk about what's trending online, hackers having a beef with burger king, bk, say it's not so. people hacking into the fast food chain's twitter page swapping the golden arches of mcdonalds for the burger king logo, made it seem burger king had been bought out by mcdonald's. >>> michael jackson's oldest son prince may be the next king of entertainme entertainment. his first assignment on "entertainment tonight" the great and powerful, remember his father played the scarecrow in "the wiz" with diana ross. 16 years old, already a correspondent. >> the anthem is classic. >> i feel confident he'll do just fine. >>> ahead on "starting point" we're following developing stories on the oscar p
. >> fuel economy is rising, people are reacting. things are moving in the right direction on that front. >> the number of people who own a chevy volt small but growing. >> we're growing and we've mandated big improvements in fuel economy so people might over time be saving money even if gas prices go up because they're using less per gallon. >> let's talk about what's trending online, hackers having a beef with burger king, bk, say it's not so. people hacking into the...
WHUT (Howard University Television)
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Feb 19, 2013
02/13
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that is due to strained bilateral relations and also a slow down in the chinese economy. officials at the japan external trade organization say that the trade deficit came to more than $44 billion. that's just about double the amount in 2011. the shortfall topped the previous record set in 2005. exports to china amounted to nearly $145 billion. that was down more than 10% from the previous year. it was the first drop in three years. now, falling exports of cars and construction machinery were the main factors here. on the other hand, imports from china rose 3% to roughly $190 billion. that was attributed to growing imports of smart phones and food products, including meat. let's see what happened on the markets here in asia. stocks were pretty mixed this tuesday. not a lot of clear direction out there today. the nikkei shed 0.3%. shanghai stocks down 1.6% today while hong kong shares lost 1%, sinking to a one-month low. european shares are looking like this. they are trading higher today on better business sentiment data out of germany. london is up by 0.3%. we have gains
that is due to strained bilateral relations and also a slow down in the chinese economy. officials at the japan external trade organization say that the trade deficit came to more than $44 billion. that's just about double the amount in 2011. the shortfall topped the previous record set in 2005. exports to china amounted to nearly $145 billion. that was down more than 10% from the previous year. it was the first drop in three years. now, falling exports of cars and construction machinery were...
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Feb 19, 2013
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economy in particular, it's the service sector. manufacturing is a sentinel part of our economy that gives us guidance down the road. what do i see when i look at those type of numbers globally? i see auto sales in europe down to 23-year lows. i see the good things in the economy are what businesses are doing to some extent. maybe private equity, maybe lbos, but at the epicenter of this are clean corporate balance sheets. certainly they've gotten clean. they've had the liquidity to scrub a dub dub all they want. what are we going to look for down the road in the future? i see things like t tea party express moving across the country and you don't read about them much in the media because they know the media is not going to give them gat coverage. they've go the gone statewide, states, gornors, that's the road they've taken. they might not be in themedia, but look at some of tse mor sconrviv statend inabt il lebu, dvi across country in a vehicle with a 7,500 tax credit making phone calls to see if it's too cold, make sure he can hit
economy in particular, it's the service sector. manufacturing is a sentinel part of our economy that gives us guidance down the road. what do i see when i look at those type of numbers globally? i see auto sales in europe down to 23-year lows. i see the good things in the economy are what businesses are doing to some extent. maybe private equity, maybe lbos, but at the epicenter of this are clean corporate balance sheets. certainly they've gotten clean. they've had the liquidity to scrub a dub...
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Feb 19, 2013
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to reduce our deficits without harming our economy. but congress has to act in order for that to happen. now, for two yoers, i've offered a balanced approach outlined itt the state of the union. i am willing to cut more spending that we don't need, get rid of programs that aren't working, i've laid out specific reforms to our entitlement programs that could achieve the same amount of health care savings by the beginning of the next decade as the reforms that were proposed by the bipartisan simpson-bowles commission. i'm willing to save hundreds of billions of dollars by getting rid of tax loop heels and deductions for the well off and well connected without raising tax rates. i believe such a balanced approach that combines tax reform with some additional spending reforms done in a smart, thoughtful way, is the best way to finish the job of deficit reduction and avoid these cuts once and for all that could hurt our economy, slow our recovery, put people out of work. and most americans agree with me. now, the house and the senate are wo
to reduce our deficits without harming our economy. but congress has to act in order for that to happen. now, for two yoers, i've offered a balanced approach outlined itt the state of the union. i am willing to cut more spending that we don't need, get rid of programs that aren't working, i've laid out specific reforms to our entitlement programs that could achieve the same amount of health care savings by the beginning of the next decade as the reforms that were proposed by the bipartisan...
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Feb 19, 2013
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dennis: you the economy. you talk about a path to prosperity with four keys to getting through washington. tell us about it. >> the first is the fed continues to be very accommodating. that will last through the year. will it be a different situation a year from now? we also have a housing recovery that is sustainable and has been very gradual which means i think it should have a long duration. the energy story in the u.s. is not over. i think it is just beginning to blossom and that is going to help the energy sector and a variety of other sectors including manufacturing because we are the low-cost producers and that is going to be part of the story as to why u.s. manufacturing is on the rebound. both cyclically land on a secular basis. dennis: thank you very much. neither one of you have convinced me to sell. thanks,. cheryy: health care provider stocks have taken a big hit following a new report out of a government agency proposing lowering medicare rates next year. dennis: peter barnes joins us from the b
dennis: you the economy. you talk about a path to prosperity with four keys to getting through washington. tell us about it. >> the first is the fed continues to be very accommodating. that will last through the year. will it be a different situation a year from now? we also have a housing recovery that is sustainable and has been very gradual which means i think it should have a long duration. the energy story in the u.s. is not over. i think it is just beginning to blossom and that is...
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and our economy in general. another big story that we are watching is oscar pistorius sticking to his story in court today claiming he shot his girl friend in the middle of the night by accident. a live report, next. >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now meet jack. after 40 years, he finally saved enough to enjoy retirement. angie, the waitress at jack's favorite diner, is also enjoying his retirement. with just a little information, she's opened up a credit line, draining the equity in jack's home. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. see, ordinary credit monitoring services tell you after your identity has been stolen. they may take 30 days to alert you-- too late for jack. lifelock ha
and our economy in general. another big story that we are watching is oscar pistorius sticking to his story in court today claiming he shot his girl friend in the middle of the night by accident. a live report, next. >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now meet jack. after 40 years, he finally saved enough to enjoy retirement....
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Feb 19, 2013
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that is the major problem that goes to so many things to the economy of course is a jackson the cost of medicine and it's a detriment to many of our constituents, so i just -- would you give me something back on that to let me know how deep he went into it? one of the things i think the chairman was saying making a part of our inquiry this session the next two years is looking not only at the fda piece of this but looking at this whole thing of the grey market. so i would like to sit down with you if you haven't delved into this and see where, you know, what we might be able to do it together to try to get to the bottom of that because it is a very, very serious problem. a lot of americans do not even know about it. but it's very serious. i want to very briefly go to this whole issue of climate change. the federal guard or the government has a number of efforts under way to decrease domestic greenhouse gas emissions. the success of the gas emission reduction efforts to pay is in large part on the international efforts. however, limiting the fiscal exposure to climate change risks wil
that is the major problem that goes to so many things to the economy of course is a jackson the cost of medicine and it's a detriment to many of our constituents, so i just -- would you give me something back on that to let me know how deep he went into it? one of the things i think the chairman was saying making a part of our inquiry this session the next two years is looking not only at the fda piece of this but looking at this whole thing of the grey market. so i would like to sit down with...
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does it really affect the economy? does it affect jobs? we already know a lot of contractors are not hiring or getting rid of people because they're not going to have as much money coming in from contracts they had with the government. if that stuff starts to hit home in the districts, maybe it bubbles up and it puts pressure on these members, but quite frankly, they felt that pressure for several weeks, several months now because people have been talking about sequestration for some time, and they haven't done anything. i'm not optimistic that they'll undo sec restoration. >> thanks very much. >> take care. >> coming up next, more on simpson-bowles and what retirees in florida will have to say about it. debbie wasserman-schultz, and then the big bang theory. michelle obama reveals to rachel ray the real reason behind her stylish new ' do. >> this is my midlife crisis, the bangs. i couldn't get a sports car. they won't let me bungee jump. instead i cut my bangs. with unitedhealthcare, i get personalized information and rewards for addressi
does it really affect the economy? does it affect jobs? we already know a lot of contractors are not hiring or getting rid of people because they're not going to have as much money coming in from contracts they had with the government. if that stuff starts to hit home in the districts, maybe it bubbles up and it puts pressure on these members, but quite frankly, they felt that pressure for several weeks, several months now because people have been talking about sequestration for some time, and...
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Feb 19, 2013
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that has impact on economy in general. if you're spending that kind of money on putting gas in your tank, you're not spending it on anything else you like to spend it on. that doesn't say anything more than the picture of the chicago carriage cab lot. you can't afford to make money and drive a cab, you leave it parked. >> it makes you cranky, jeff flock. i was not happy this morning. i paid 3.70. i guess i should be thankful still. >> you got a break.% tracy: you should get warm, jeff. thank you. ashley: tracy cranky, that's terrible. my next guest says there is no relief in sight for the pain at the pump. sorry, trace. tracy: i know. ashley: he says price are headed back to record levels in july 2008. when prices were $4.11. we have professor at duquesne university, consent moores. professor moores, i wish you had better news. why do you think we'll see these prices move even higher? >> there are a number of elements going on here and the first of course is the rising cost of crude oil. despite the fact we're actually sec
that has impact on economy in general. if you're spending that kind of money on putting gas in your tank, you're not spending it on anything else you like to spend it on. that doesn't say anything more than the picture of the chicago carriage cab lot. you can't afford to make money and drive a cab, you leave it parked. >> it makes you cranky, jeff flock. i was not happy this morning. i paid 3.70. i guess i should be thankful still. >> you got a break.% tracy: you should get warm,...
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Feb 19, 2013
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economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing what the airline industry is doing and that's reducing capacity really massively. we lost over a million barrels of refining capacity just to shutdowns over the last year now. >> why would they voluntarily do these shutdowns? >> believe it or not, they weren't making enough money for themselves and they decided to get out of the business. i'm fearful normally i can tell you why, it has to deal with cutbacks by opec. war issues. this time, it may be different. this time we may not see the price break in coming months that i'd expect to happen because of demand at the pump. with the ref
economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing...
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Feb 19, 2013
02/13
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that in turn reduces the amount of spending consumers willing to push back on the economy. i think it's going to be rough waters for the next near term. i would not hold my breath for $2 gasoline. >> understood. thank you. incredible stat, almost 4% was spent on gasoline. >>> all right. electric cars. maybe they could be the answer to higher gas prices if they can live up to expectation and we can get good range out of the battery. the week after the tesla test controversy in "the new york times" our own phil lebeau gets behind the wheel of tesla model s. driving d.c. to boston, pulled beside him on the turnpike, i gave him the one lap to go because i was jealous of his assignment. i am waving. i didn't text and drive. i was in a taxi. i almost drove into phil. the car looks great. you look good, too. >> thank you. so you know my photographer bob pollack saw somebody waving from a car, delivery car and goes who is the crazy man. we got up and said, hey, what's going on. you did look crazy. >> thank you. >> show you while we're here in milford, connecticut, tesla super charg
that in turn reduces the amount of spending consumers willing to push back on the economy. i think it's going to be rough waters for the next near term. i would not hold my breath for $2 gasoline. >> understood. thank you. incredible stat, almost 4% was spent on gasoline. >>> all right. electric cars. maybe they could be the answer to higher gas prices if they can live up to expectation and we can get good range out of the battery. the week after the tesla test controversy in...
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Feb 19, 2013
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> reporter: mr. obama wants a combination of tax revenue and spending cuts, but republicans say any new tax revenue should be used to lower overall rates for everyone, shepherd. >> the simpson-bowles commission with a new plan. what's the reaction to that. >> reporter: the white house loves that the plan calls for new tax revenue, but officials not showing much enthusiasm for the much deeper cuts in health care spending that the president wants. former white house chief of staffer bowles and simpson, a republican from wisconsin, say -- wisconsin wisconsin were close to a deal. their legacy is on the line. >> i don't know when it will happen, but it will happen in these four years or he has no legacy at all. if he can't cut the mustard with solvency of social security under honest appraisals of the trustees and
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> reporter: mr. obama wants a combination of tax revenue and spending cuts, but republicans say any new tax revenue should be used to lower overall rates for everyone, shepherd. >> the simpson-bowles commission with a new plan. what's the reaction to that. >> reporter: the...
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Feb 19, 2013
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >>i. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >>ou just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that'shy you need lifelo to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked.
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >>i. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >>ou just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining...
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Feb 19, 2013
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threat of these cuts not well thought through, not smart, not fair, hurt our economy. this is not an abstraction. people will lose their jobs. >> that's a shortened version of what the president had to say. let's go in depth with our chief white house correspondent, jessica yellin, who is here. this is a big issue right now. >> it really is, wolf. and it's just ten days now until these forced budget cuts go into effect. top administration officials tell me, if that happens, the president believes the politics are on his side. with congress out of town, president obama took to the bully pulpit, warning about the effects of forced spending cuts that hit every part of government next friday. >> there is a smarter way to do this, to reduce our deficits without harming our economy. >> reporter: he's talking about more than $1 trillion in painful cuts that can still be avoided if congress reaches agreement on deficit reduction. the package of cuts came from the 2011 debt ceiling deal, and it was never meant to go into effect. during the presidential campaign, mr. obama said
threat of these cuts not well thought through, not smart, not fair, hurt our economy. this is not an abstraction. people will lose their jobs. >> that's a shortened version of what the president had to say. let's go in depth with our chief white house correspondent, jessica yellin, who is here. this is a big issue right now. >> it really is, wolf. and it's just ten days now until these forced budget cuts go into effect. top administration officials tell me, if that happens, the...
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. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you registered retirement plan, rethink hell you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can figure personal economy. fidelity investments, turn here. >> "bbc world news >> you are linked to the violent captioning sponsored by macneil/lehrer productions >> woodruff: evidence suggests that since 2006 a secretive chinese military unit has hacked the computer systems of more than one hundred u.s. corporations and organizations. good evening. i'm judy woodruff. >> ifill: and i'm gwen ifill. on the newshour tonight, we assess the damage done by the cyber attacks, and explore the motivations behind what appear to be china's systematic targeting of foreign firms and governments. >> woodruff: then, we turn to today's arguments at the supreme court over a patent case with implications for biotechnology giant monsanto, and a range of fields from medical re
. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you registered retirement plan, rethink hell you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can figure personal economy. fidelity investments, turn here. >> "bbc world news >> you are linked to the violent captioning sponsored by macneil/lehrer...
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. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide array of choices that can figure personal economy. fidelity investments, turn here. >> at union bank, a relationship managers work hard to know your business. offering specialized solutions in capital to help give me your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> reporting from washington. oscar pistorius brick down in court. explaining he shot his girlfriend by mistake. one of the scene of the biggest diamond heist in history. sparking a hunt for the pricey jim. and the mystery of dark energy. could our physics textbooks and soon be due for right? -- soon be due for a rewrite? welcome to our viewers some public television in america and around the globe. another d
. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide array of choices that can figure personal economy. fidelity investments, turn here. >> at union bank, a relationship managers work hard to know your business. offering specialized solutions in...
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economy. >>> his side of the story. an emotional oscar pistorius in court for the first time. what he says really happened the night his girlfriend was killed. >>> and the brazen diamond heist at the airport right on the tarmac. a huge game of deception, $50 million worth of diamonds gone without a trace. "nightly news" begins now. >> announcer: from nbc news world headquarters in new york, this is "nbc nightly news with brian williams." >> good evening. it's an explosive allegation, and it's what we've all been warned about for years since the dawn of the computer age. a u.s. security firm says over 140 targets in this country have been hit electronically by a branch of the chinese military. big companies, you name it, some of the best-known brand names in the u.s. but more troubling than that is the idea that chinese hackers could reach into american society. the systems that run the country, our infrastructure and preserve order like power systems, air traffic, financial industry. it's a sweeping report and a scary conclusion. we begin with nbc's andrea mitchell in our wash
economy. >>> his side of the story. an emotional oscar pistorius in court for the first time. what he says really happened the night his girlfriend was killed. >>> and the brazen diamond heist at the airport right on the tarmac. a huge game of deception, $50 million worth of diamonds gone without a trace. "nightly news" begins now. >> announcer: from nbc news world headquarters in new york, this is "nbc nightly news with brian williams." >> good...
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. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you registered retirement plan, rethink hell you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can figure personal economy. fidelity investments, turn here. fidelity investments, turn here. >> "bbc world news america" was hi, neighbor! we're going to prince wednesday's castle for a... royal sleepover! sleeping outside is fun too. i'm going to sleep in a tent with my dad and o the owl. this is gonna be grrr-riffic! is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and by the arthur vining davis foundations. dedicated to strengthening america's future through education. adcasting, dedicated to strengthening
. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you registered retirement plan, rethink hell you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can figure personal economy. fidelity investments, turn here. fidelity investments, turn here. >> "bbc world news america" was hi, neighbor! we're going...
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they will hurt our economy, they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> reporter: and we now face cuts of $85 billion in one fell swoop. that's less than 3% of the budget, but the white house says virtually everybody will be hurt and will see long lines as tsa agents are furloughed, 1,000 fbi and other law enforcement agents forced off the job and 70,000 preschoolers dropped from the head start program. you'd think that would prompt emergency meetings between congress and the white house, but you'd be wrong. has the president had a single face-to-face meeting with the republican leaders since january 1st about averting these spending cuts? >> i don't have any meetings to read out to you. again, we don't report every meeting, every conversation. >> reporter: in fact, the answer, according to sources on both sides, is that there have been no meetings between the president and republican leaders -- not one. and now virtually everybody agrees that these cuts are almost certain to go into effect in j
they will hurt our economy, they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> reporter: and we now face cuts of $85 billion in one fell swoop. that's less than 3% of the budget, but the white house says virtually everybody will be hurt and will see long lines as tsa agents are furloughed, 1,000 fbi and other law enforcement agents forced off the job and 70,000 preschoolers dropped from the head start...
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he says it would have catastrophic effects on the economy. in washington, dan ashley abc 7 news. >> dan will interview president obama at the white house tomorrow. his reports from there will 10 tonight and tomorrow writ here on 7 news. you can also follow him on twitter at dan ashley abc 7. >> everyone knows drinking and driving not just dangerous. also illegal. but what about driving after taking over the counter cost medication or prescription drug. that can be a bit of a gray area in california. 7 news capitol correspondent annette reports on effort to change that. >> perhaps alcohol law are effective but actually not the drunk driving laws. >> still hard for former chp lieutenant bob to talk about the death of his son justin. who was always highway patrol man. 28-year-old killed in 2010 when rafael garcia swerved into him during a traffic stop. he says garcia had marijuana in the system but the case ended in a hung jury. >> jury was unable to come to conclusion whether he was unthe influence even after having overwhelming amount of evide
he says it would have catastrophic effects on the economy. in washington, dan ashley abc 7 news. >> dan will interview president obama at the white house tomorrow. his reports from there will 10 tonight and tomorrow writ here on 7 news. you can also follow him on twitter at dan ashley abc 7. >> everyone knows drinking and driving not just dangerous. also illegal. but what about driving after taking over the counter cost medication or prescription drug. that can be a bit of a gray...
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and also this morning, the costly computer crimes costing the american economy hundreds of billions of dollars a year. the fingers are pointing at china, as the white house today announces plans to fight the hackers. >>> and then -- this is crazy. why hand sanitizer is being singled out in a fire that severely burned an 11-year-old girl. wait until you hear how something so common turned into something so hazardous. you think you're doing the right thing, killing the germs, staying fresh, it's after the flu. and then something like that happens. that story is crazy. >> and where it happened is also crazy. you would think it's the safest place for an accident to not happen. >>> and later on, clyde davis, his tell-all book and a singing star who has a few choice words for him. that's coming up in "the skinny." >> he's having a little battle well a well-known singer. "nightline" revealed an interesting tidbit from his personal life. >> we'll get to all of that. >> all that dirt. >> oh, yeah. >>> but first, crews are working through the overnight hours at the scene of that explosion and th
and also this morning, the costly computer crimes costing the american economy hundreds of billions of dollars a year. the fingers are pointing at china, as the white house today announces plans to fight the hackers. >>> and then -- this is crazy. why hand sanitizer is being singled out in a fire that severely burned an 11-year-old girl. wait until you hear how something so common turned into something so hazardous. you think you're doing the right thing, killing the germs, staying...
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they will hurt our economy and add hundreds of thousands of american to the unemployment roles. people will lose their jobs. >> reporter: we now face cuts of $85 billion in one fell swoop. that's less than 3% of the budget, but the white house says virtually everybody will be hurt and we'll see long lines as tsa agents are furloughed. 1,000 fbi and other law enforcement agents forced off the job. and 70,000 preschoolers dropped from the head start program. you would think that would prompt emergency meetings between congress and the white house, but you would be wrong. >> has the president had a single face-to-face meeting since january 1 about averting these spending cuts? >> i don't have any meetings to read out to you. >> reporter: in fact, the answer according to sources on both sides is there have been no meetings between the president and congressional republicans, not one. now virtually everyone agrees that those cuts are almost certain to go into effect one week from friday. jonathan karl, abc news, the white house. >> you know, we've heard about this over and over and o
they will hurt our economy and add hundreds of thousands of american to the unemployment roles. people will lose their jobs. >> reporter: we now face cuts of $85 billion in one fell swoop. that's less than 3% of the budget, but the white house says virtually everybody will be hurt and we'll see long lines as tsa agents are furloughed. 1,000 fbi and other law enforcement agents forced off the job. and 70,000 preschoolers dropped from the head start program. you would think that would...
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they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting something that people in greece have been furious about. a austerity. >>> all right this is a bumper sticker. a tennessee police officer not an ohio state football fan. he accused the buckeye sticker on their bumper with a pot leaf. bonnie and her husband were driving home from a funeral in ohio when they were pulled over. the officer told the woman she needed to scrape the marijuana sticker off her car. after the couple set the officer straight, he let them go without a ticket. >> the stickers that go on all the ohio state buckeye helmets. >> i w
they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting...
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sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and lesbian couples. laura bush: when couples are committed they ought to have i think the same sort of rights that everyone has. colin powell: allowing them to live together with the protection of law, it seems to me is the way we should be moving in this country. dick cheney: freedom means freedom for everyone. barack obama: our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. it's time for marriage. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activate
sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. wr wr skwi wr. >>> joe carter has this morning's bleacher report. good morning. >> for the past five weeks, when a school earns the right to be number one in college basketball, they lose the ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team, compared oladipo to michael jordan and dwyane wade. for the first time in 22 years, indiana beats michigan state on the road. >>> boy, oh, boy. joe johnson the hero for the brooklyn nets last night. he hit not one, but two shots to help his team win in overtime again. that three-pointer forced overtime and then back to john in overtime. he nails this shot for the ball game. the nets, 5-0 in overtime. nba best 10-0 in overtime last season. >>> a bet a bar bet started this this drummond, wisconsin. makeshift barstools race in the snow. use anything around the house you can find, attach it to a bar school a
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. wr wr skwi wr. >>> joe carter has this morning's bleacher report. good morning. >> for the past five weeks, when a school earns the right to be number one in college basketball, they lose the ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team,...